Stock Markets Choppy and Treasuries Fall

October 12 00:00 2011

New York, October 12 ( – Stock markets in the US were choppy as they were swinging between positive and negative. This is because there is both positive as well as negative news available in the market. The market, therefore is not able to make sense out of the news and come to a consensus.

Amongst the good news is the fact that the Euro crisis may be held at bay for a couple of months. The Troika has agreed to grant the next installment to Greece in November and the IMF and EU are in the process of signing the papers. The bad news is that there is still one country which has not ratified the amendments. Hence, one can only say that the outlook is positive, there is no certainty that all will go well.

Treasuries on the other hand experienced a fall in prices. This may be due to the fact that the European debt crisis has also temporarily eased. Also, the American technology stocks are showing good possibility of returns. The investors therefore have a larger range to choose from. This has prompted the American government to offer a higher rate to woo more customers.